Facebook and Instagram parent company Meta to cut 11,000 jobs

  • Bookmark
  • We have more newsletters

    Meta, the parent company of both Facebook and Instagram has announced that it plans to cut 11,00 jobs, representing a cut of 13% of its global workforce.

    This move embarks on the company’s first broad restructuring to cope with a slumping digital-ad market and falling stock price.

    This is a breaking news story and is being constantly updated. Please refresh the page regularly with the latest news, pictures and videos.

    You can also get email updates on the day’s biggest stories straight to your inbox by signing up for our newsletters.

    Get all the very best headlines, pictures, opinion and video on the stories that matter to you by following Daily Star every time you see our name.

    Follow Daily Star on Google News – CLICK HERE and click the star

    Follow Daily Star on Apple News – CLICK HERE available on Apple devices

    Follow Daily Star on Android – CLICK HERE and click follow

    You can also sign up for Twitter alerts for breaking news by following @starbreaksnews and follow us @dailystar for all the latest updates.

    Keep up-to-date with your must-see news, features, videos and pictures throughout the day by following us on Facebook at facebook.com/thedailystar

    • Breaking News

    Source: Read Full Article